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Data last updated: Oct 23, 2026, 5:45 PM ETLatest filing: Oct 22, 2026Now: Oct 24, 2026, 10:17 AM ET

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David Chao

Named as an officer, director or promoter on SEC Form D filings · CA, WA, NY · Jul 16, 2009 → Oct 6, 2026

16deals (issuers)
$1.6Breported sold
394investors
52Form D filings
2009–2026years on file
Follow this personLook further ↓PDF

Data last updated Oct 23, 2026, 5:45 PM ET · Courts (RECAP) last checked: Oct 24, 2026, 2:18 AM ET · SEC enforcement last checked: covered by the index scan as of Oct 24, 2026, 2:50 AM ET

The short version

David Chao is listed as a director on 52 SEC Form D filings by 16 issuers between Apr 2009 and Oct 2026. Largest by amount reported sold: Social Finance, Inc. (San Francisco, CA — other banking and financial services — 2014–2017; $1B reported sold to 58 investors), Rakuten Medical, Inc. (San Diego, CA — biotechnology — 2019–2026; $166M reported sold to 45 investors), Figure Technologies, Inc. (San Francisco, CA — industry reported as "Other" — 2019–2021; $116.3M reported sold to 61 investors), BILL.COM, INC. (Palo Alto, CA — industry reported as "Other" — 2017–2018; $82.5M reported sold to 25 investors), Figure Markets Holdings, Inc. (San Francisco, CA — industry reported as "Other" — 2024; $73.3M reported sold to 22 investors) and 11 more (all listed below).

What this means That is a lot of deals — 16 separate companies raised money with this person listed as director, over about 17 years. Across those companies the filings report $1.6B sold in total.

Listed alongside Hiroshi Mikitani (17 shared filings), Hiroshi Mori (14 shared filings), Miguel Garcia-Guzman (14 shared filings), Carlos Garcia (13 shared filings), Kentaro Hyakuno (12 shared filings) and 120 others.

What this means These are the other officers, directors or promoters the companies named on the same forms — the team around David. Each name links to their own page.

The issuers belong to 2 sponsor groups: Sofi (47 issuers, $3.35B reported sold, 2008–2025) and Bill Com (2 issuers, $1.7B reported sold, 2009–2021).

What this means This person is listed across more than one sponsor team; each group page shows that team's full track record.

Public records searched: federal courts (CourtListener / RECAP), SEC enforcement releases, state securities regulators (AK, AL, AR, AZ, CA, CO, CT, DC, DE, FINRA, FL, GA, HI, ID, IL, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NASAA, NC, ND, NH, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, WA, WI, WV, WY) — 1 court case matching the name, 6 bankruptcy cases matching the name listed in Key records below.

What this means 7 records came back. Each one is listed below with a link to the original document and a line saying why it matched. A name match is not proof it is the same person or company — read the why line and the document. Being sued or named in a release is an accusation, not a finding.

We compared the newest 50 of 52 public filings for David Chao and found 16 differences, 6 worth asking the sponsor about: 9 bankruptcy cases name the subject or team members; Amount sold went down between filings; and more below.

What this means These are differences between the sponsor's own SEC filings — both values, dates and sources are listed in Key records, section 4. Most have ordinary explanations; ask the sponsor.

What the community is saying

Community search for David Chao has not run yet — it is #7,531 of 50,801 in line; searches run around the clock at the hosts' allowed rate. Searched so far: 641 names.

Community comments are quoted as written by their authors. Sources searched: Bing (site:reddit.com / site:biggerpockets.com) and Reddit's own search, plus DuckDuckGo/Brave/BiggerPockets search when they are answering.

Key records

Five things investors ask first. Items still in human review are counted, not shown.

1. Lawsuits

1 case: 1 dismissed

David Chao v. Equilon Enterprises, LLC dismissed
District Court, C.D. California · No. 2:10-cv-04026 · Filed May 28, 2010 · Closed Oct 12, 2010 · Nature of suit: 890 Other Statutory Actions · Cause: 15:2801 Petroleum Marketing Practices Act
Role of David Chao: Plaintiff · Outcome: Terminated 2010-10-12 — FJC Integrated Database disposition: Voluntarily dismissed Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in the person's filing state (CA)
What was searched

Sources searched: CourtListener bulk data (RECAP dockets as of 2026-09-30; recall-first rule 10-24) — federal district + bankruptcy courts State courts: not covered (one-tap state court links under Look further). PACER: not searched. · Last checked Oct 24, 2026, 2:18 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

2. Regulatory actions

None found in sources searched — SEC enforcement releases (index scan as of Oct 24, 2026, 2:50 AM ET) · state securities regulators: 48 regulators (FINRA, NASAA, 37 states) — crawled Oct 24, 2026, 8:48 AM ET

What was searched

SEC enforcement searched: SEC litigation releases and administrative proceedings — respondent names in the sec.gov index titles (30,205 releases, 1995-09-19 to 2026-10-23); release text is read only to confirm a candidate. Names that appear only in the body of a release are not found. — Searched SEC litigation releases and administrative proceedings (1995→ / 2007→) (30,205 records as of Oct 24, 2026, 2:50 AM ET) — nothing matched David Chao..

State securities regulators: Securities regulators searched (64,910 actions): FINRA (38,350 actions, 1995–2026), NASAA (31 actions, 2000–2026; listing starts 1997), AK Division of Banking and Securities (273 actions, 1971–2025), AL Securities Commission (880 actions, 2001–2026), AR Securities Department (1,305 actions, 1998–2026), AZ Corporation Commission Securities Division (411 actions, 2017–2026), CA DFPI (25 actions, 2007–2024; listing starts 2002 — 16 of 12,159 DFPI respondent pages read so far; sponsor-name matches are read first), CO Division of Securities (731 actions, 2001–2026; older years from the Internet Archive (snapshot of 2026-05-02)), CT Department of Banking Securities Division (940 actions, 2006–2026; older years from the Internet Archive (snapshot of 2026-04-22)), DC DISB Securities Bureau (25 actions, 2012–2026), DE DOJ Investor Protection Unit (257 actions, 1987–2026), FL Office of Financial Regulation (49 actions, 2018–2026), GA Secretary of State Securities Division (65 actions, 2015–2026; listing starts 2012), HI DCCA Securities Enforcement Branch (26 actions, 2012–2026), ID Department of Finance Securities Bureau (663 actions, 1994–2026), IL Secretary of State Securities Department (4,122 actions, 2003–2023), KS Insurance Department Securities Division (58 actions), KY Department of Financial Institutions (342 actions, 2005–2026), LA Office of Financial Institutions Securities Division (13 actions, 2010–2025; listing starts 2008), MA Secretary of the Commonwealth Securities Division (125 actions, 2012–2025; live site blocks automated access — loaded from the Internet Archive snapshot of 2026-02-04), MD Attorney General Securities Division (1,054 actions, 2004–2026), ME Office of Securities (539 actions, 2000–2026), MI LARA Corporations, Securities & Commercial Licensing Bureau (201 actions), MO Secretary of State Securities Division (919 actions, 1998–2026), MS Secretary of State Securities Division (209 actions, 1995–2026), MT Commissioner of Securities and Insurance (597 actions, 2000–2026), NC Secretary of State Securities Division (265 actions, 2004–2024), ND Securities Department (711 actions, 1990–2026; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2026-01-06), NH Bureau of Securities Regulation (402 actions, 2002–2026), NM Regulation and Licensing Department Securities Division (90 actions, 2010–2025), NV Secretary of State Securities Division (118 actions, 2018–2026), NY Attorney General Investor Protection Bureau (44 actions, 2012–2026), OH Division of Securities (327 actions, 1993–2006), OK Department of Securities (2,531 actions, 1998–2026), OR Division of Financial Regulation (589 actions, 1988–2026), PA Department of Banking and Securities (1,448 actions, 2008–2024; the regulator no longer publishes this list live — loaded from the Internet Archive snapshot of 2024-08-09), RI DBR Securities Division (98 actions, 2005–2025), SC Attorney General Securities Division (540 actions, 2006–2026), SD Division of Insurance – Securities Regulation (106 actions, 2017–2026), TN Department of Commerce and Insurance Securities Division (405 actions, 1992–2026), TX State Securities Board (936 actions, 1999–2026), UT Division of Securities (772 actions, 2000–2026; older years from the Internet Archive (snapshot of 2010-05-27)), VT DFR Securities Division (137 actions, 2010–2026), WA DFI (2,039 actions, 2001–2026), WI DFI Division of Securities (1,072 actions, 1998–2026), WV Securities Commission (State Auditor) (64 actions), WY Secretary of State Compliance Division (6 actions, 2016–2024) — last crawled Oct 24, 2026, 8:48 AM ET. No machine-readable public listing today for IA, IN, MN, NE, NJ, VA (see docs/state-regulators.md).

3. Bankruptcies

6 cases: 6 closed (disposition not in docket feed)

David Chao and Danielle Chao closed
United States Bankruptcy Court, D. Oregon · No. 15-32845 · Filed Jun 10, 2015 · Closed Dec 31, 2018
Role of David Chao and Danielle Chao: Debtor · Outcome: Case closed 2018-12-31 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in OR (not a filing state)
David F Chao and Patricia Chao closed
United States Bankruptcy Court, C.D. California · No. 2:12-bk-32931 · Filed Jul 2, 2012 · Closed Jan 5, 2016
Role of David F Chao and Patricia Chao: Debtor · Outcome: Case closed 2016-01-05 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in the person's filing state (CA)
DAVID CHAO closed
United States Bankruptcy Court, D. Nevada · No. 12-15601 · Filed May 9, 2012 · Closed Aug 13, 2012
Role of DAVID CHAO: Debtor · Outcome: Case closed 2012-08-13 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in NV (not a filing state)
DAVID CHAO and NARY CHAO-SONG closed
United States Bankruptcy Court, D. Nevada · No. 03-13408 · Filed Mar 25, 2003 · Closed Oct 29, 2003
Role of DAVID CHAO and NARY CHAO-SONG: Debtor · Outcome: Case closed 2003-10-29 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in NV (not a filing state)
Melanie Mey Chao and David S. Chao closed
United States Bankruptcy Court, E.D. California · No. 99-36815 · Filed Dec 23, 1999 · Closed Aug 10, 2000
Role of David S. Chao: Debtor · Outcome: Case closed 2000-08-10 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in the person's filing state (CA)
David F Chao and Patricia Chao closed
United States Bankruptcy Court, C.D. California · No. 2:97-bk-45511 · Filed Sep 16, 1997 · Closed Mar 7, 2001
Role of David F Chao and Patricia Chao: Debtor · Outcome: Case closed 2001-03-07 (disposition not included in the bulk docket feed — see docket) Docket on CourtListener ↗
same full name (a name found in 13 federal dockets); 3 people with this name in Form D filings; court in the person's filing state (CA)
What was searched

Sources searched: Federal bankruptcy courts via CourtListener / RECAP archive (federal district courts, federal bankruptcy courts). State courts: not covered (one-tap state court links under Look further). PACER: not searched (RECAP only). · Last checked Oct 24, 2026, 2:18 AM ET.

Court records show docket facts only; we never restate allegations as facts. Outcome wording comes from the docket feed; where it does not state a disposition we say so.

State courts: not covered (one-tap state court links under Look further). No state offers a lawful automated statewide source PartnerFacts can use today. Texas (re:SearchTX) terms prohibit storing results in a database open to third parties; New York (WebCivil) and Massachusetts (MassCourts) require a browser check that blocks scripted queries; California has no statewide index (58 county portals; Rule of Court 2.503 grants name-based access case by case); Florida, Utah and Illinois offer paid or partial access whose terms for automated use are unverified. Washington (dw.courts.wa.gov; bulk index reports under a JISC data-dissemination agreement), Delaware (CourtConnect; Court of Chancery not included) and Arizona (apps.azcourts.gov/publicaccess, which has an official channel to request high-volume access) are the candidates; PartnerFacts will request written permission before any automated search. Federal courts are searched through CourtListener / RECAP.

4. Differences between public sources

Comparisons cover issuers and sponsor groups — see the issuer pages under Deals

16 differences found between the filings for David Chao — 6 worth asking about (compared the newest 50 of 52 filings on Oct 24, 2026; older filings not covered)

Worth asking · Sep 16, 1997 – Oct 26, 2016

9 bankruptcy cases name the subject or team members

Bankruptcy case: David F Chao and Patricia Chao — filed Jul 2, 2012 · Bankruptcy case: David F Chao and Patricia Chao — filed Sep 16, 1997 · Bankruptcy case: Melanie Mey Chao and David S. Chao — filed Dec 23, 1999 · Bankruptcy case: Gottlieb, Chapter 7 Trustee v. ROCKYOU, Inc. — filed Sep 3, 2015 · Bankruptcy case: Amy Elizabeth Thorne — filed Jan 23, 2013 · and 4 more

What this means A bankruptcy filing was found. Many are old or personal and have nothing to do with the deal — but ask what it was and when it closed.

Docket · United States Bankruptcy Court, C.D. California ↗Docket · United States Bankruptcy Court, C.D. California ↗Docket · United States Bankruptcy Court, E.D. California ↗Docket · United States Bankruptcy Court, C.D. California ↗
Sources
Worth asking · Jul 7, 2022 – Oct 4, 2023

Amount sold went down between filings — Rakuten Medical, Inc.

The Jul 7, 2022 filing says $5,194,350 sold; the Oct 4, 2023 Form D/A says $2,189,000 sold — $3,005,350 less.

What this means Amounts sold normally only go up as a raise continues. A drop can mean investors were refunded, a figure was corrected, or an earlier number was wrong. Ask the sponsor which it was.

Form D (earlier) · Jul 7, 2022 ↗Form D/A (later) · Oct 4, 2023 ↗Rakuten Medical, Inc. — PartnerFacts page ↗
Sources
Worth asking · Feb 5, 2025 – May 7, 2025

Investor count went down between filings — Rakuten Medical, Inc.

The Feb 5, 2025 filing reports 15 investors; the May 7, 2025 Form D/A reports 14 investors.

What this means Investor counts normally only grow. A smaller number can mean investors left or were refunded, or a count was corrected. Ask the sponsor what happened.

Form D (earlier) · Feb 5, 2025 ↗Form D/A (later) · May 7, 2025 ↗Rakuten Medical, Inc. — PartnerFacts page ↗
Sources
Worth asking · Jul 7, 2022 – Oct 4, 2023

Investor count went down between filings — Rakuten Medical, Inc.

The Jul 7, 2022 filing reports 31 investors; the Oct 4, 2023 Form D/A reports 20 investors.

What this means Investor counts normally only grow. A smaller number can mean investors left or were refunded, or a count was corrected. Ask the sponsor what happened.

Form D (earlier) · Jul 7, 2022 ↗Form D/A (later) · Oct 4, 2023 ↗Rakuten Medical, Inc. — PartnerFacts page ↗
Sources
Worth asking · Sep 8, 2016

90% of the money raised went to insiders — Social Finance, Inc.

The Sep 8, 2016 Form D reports $766,970 sold and $691,307 of the proceeds used for payments to officers, directors or promoters.

What this means The filing reports how much of the money raised was paid to insiders. Over 10% is high for most deals. Ask what it paid for.

Form D · Sep 8, 2016 ↗Social Finance, Inc. — PartnerFacts page ↗
Sources
Note · Mar 9, 2015 – Jun 13, 2016

David Chao appears on 2 deals that stopped filing before reaching their target

Eaze Solutions, Inc. (last filing Jun 13, 2016; $9,530,153 sold of $30,336,428); ROCKYOU INC (last filing Mar 9, 2015; $11,774,999 sold of $48,550,002). Each has no filing in more than two years and reported under half its target sold.

What this means An issuer whose last filing is more than two years old and reported under half its target sold. The raise may have closed early or quietly stopped. Ask what happened to each.

Eaze Solutions, Inc. — PartnerFacts page ↗ROCKYOU INC — PartnerFacts page ↗
Sources
Worth asking · Apr 22, 2013 – Oct 6, 2026

12 Form Ds were filed more than 15 days after the first sale

Form D filed 276 days after the first sale — Rakuten Medical, Inc. · Form D filed 73 days after the first sale — Figure Technologies, Inc. · Form D filed 231 days after the first sale — BILL.COM, INC. · Form D filed 111 days after the first sale — BILL.COM, INC. · Form D filed 100 days after the first sale — TRUSPER INC. · and 7 more

What this means Late notices are common and carry no penalty by themselves. A pattern of late paperwork is worth asking the sponsor about.

Form D · Apr 13, 2026 ↗Rakuten Medical, Inc. — PartnerFacts page ↗Form D · Apr 29, 2019 ↗Figure Technologies, Inc. — PartnerFacts page ↗
Sources
Note · Oct 22, 2010 – Sep 1, 2023

19 offerings have no amendment in the last 12 months and may still be open

No amendment in the last 12 months on an offering that may still be open — Rakuten Medical, Inc. (latest filing Sep 1, 2023) · No amendment in the last 12 months on an offering that may still be open — Rakuten Medical, Inc. (latest filing Dec 28, 2022) · No amendment in the last 12 months on an offering that may still be open — Rakuten Medical, Inc. (latest filing Jul 29, 2021) · No amendment in the last 12 months on an offering that may still be open — Figure Technologies, Inc. (latest filing Jun 11, 2021) · No amendment in the last 12 months on an offering that may still be open — Figure Technologies, Inc. (latest filing Nov 5, 2019) · and 14 more

What this means SEC rules expect a yearly amendment while an offering is still going. Ask the sponsor which of these raises have closed.

Form D · Sep 1, 2023 ↗Rakuten Medical, Inc. — PartnerFacts page ↗Form D · Dec 28, 2022 ↗Form D · Jul 29, 2021 ↗
Sources
Note · Jun 21, 2012 – May 7, 2025

5 offerings changed their target amount between filings

Offering amount changed between filings — Rakuten Medical, Inc. · Offering amount changed between filings — Figure Markets Holdings, Inc. · Offering amount lowered between filings — Rakuten Medical, Inc. · Offering amount changed between filings — BILL.COM, INC. · Offering amount changed between filings — ROCKYOU INC

What this means Targets change as deals grow or shrink. Ask whether later money has the same terms.

Form D (earlier) · Feb 5, 2025 ↗Form D/A (later) · May 7, 2025 ↗Rakuten Medical, Inc. — PartnerFacts page ↗Form D (earlier) · May 10, 2024 ↗
Sources
Note · Jun 21, 2012 – Mar 9, 2015

Industry group changed between filings — ROCKYOU INC

"Other Technology" (Jun 21, 2012); then "Other" (Dec 6, 2012); then "Other Technology" (Mar 9, 2015).

What this means The issuer described its business differently on different forms. Often it is just a different box ticked; sometimes the deal itself changed. Ask which business your money is in.

Form D · Jun 21, 2012 ↗Form D/A · Dec 6, 2012 ↗Form D · Mar 9, 2015 ↗ROCKYOU INC — PartnerFacts page ↗
Sources
Note · Aug 10, 2011 – Jan 7, 2014

Industry group changed between filings — Ahalife Holdings Inc.

"Other Technology" (Aug 10, 2011 to Jan 30, 2013); then "Retailing" (Jan 7, 2014).

What this means The issuer described its business differently on different forms. Often it is just a different box ticked; sometimes the deal itself changed. Ask which business your money is in.

Form D · Aug 10, 2011 ↗Form D · Jan 7, 2014 ↗Ahalife Holdings Inc. — PartnerFacts page ↗
Sources
Note · Nov 4, 2010 – Dec 19, 2012

Reported revenue range changed between filings — 99BILL CORP

"$5,000,001 - $25,000,000" (Nov 4, 2010); then "Decline to Disclose" (Dec 19, 2012).

What this means This is the size band the issuer picks for itself on the form. A change can mean the business grew or shrank — or that it chose not to say. Ask for current numbers.

Form D · Nov 4, 2010 ↗Form D/A · Dec 19, 2012 ↗99BILL CORP — PartnerFacts page ↗
Sources
Note · Oct 5, 2022

Same name, different state: "David Chao" (TX) is a separate record

This page covers filings where the address state is CA or WA or NY. A separate record, "David Chao" with address state TX, is listed on 2 filings — most recently by Tempest Peak Global Opportunities, Ltd. (Oct 5, 2022). Both records have filings in the same period (Oct 5, 2022).

What this means Two records with one name were active at the same time. That can be one person listing different company addresses, or two different people. We keep them apart until a filing ties them together. Check both pages before you decide.

David Chao (TX) — PartnerFacts page ↗Form D · Oct 5, 2022 ↗Tempest Peak Global Opportunities, Ltd. — PartnerFacts page ↗David Chao (CA,WA,NY) — this page ↗
Sources
Note · Dec 2, 2014

Same name, different state: "David Chao" (GA) is a separate record

This page covers filings where the address state is CA or WA or NY. A separate record, "David Chao" with address state GA, is listed on 1 filing — most recently by Yik Yak, Inc. (Dec 2, 2014). Both records have filings in the same period (Dec 2, 2014).

What this means Two records with one name were active at the same time. That can be one person listing different company addresses, or two different people. We keep them apart until a filing ties them together. Check both pages before you decide.

David Chao (GA) — PartnerFacts page ↗Form D · Dec 2, 2014 ↗Yik Yak, Inc. — PartnerFacts page ↗David Chao (CA,WA,NY) — this page ↗
Sources
Note · Aug 2, 2010 – Jul 7, 2022

4 address changes between filings

Address moved from San Mateo, CA to San Diego, CA — Rakuten Medical, Inc. · Address moved from Menlo Park, CA to Shanghai, China (as filed: F4) — 99BILL CORP · Address moved from Shanghai, China (as filed: F4) to Menlo Park, CA — 99BILL CORP · Address moved from Menlo Park, CA to Palo Alto, CA — SLICE TECHNOLOGIES, INC.

What this means Businesses move. If you were told one city and the forms say another, ask which is current.

Form D · Jul 29, 2021 ↗Form D · Jul 7, 2022 ↗Rakuten Medical, Inc. — PartnerFacts page ↗Form D · Nov 4, 2010 ↗
Sources
Note · May 12, 2010 – Oct 6, 2026

David Chao is listed with 3 different address states: CA, WA, NY

CA on 44 filings (May 12, 2010 to Oct 6, 2026); WA on 2 filings (Apr 12, 2011 to May 16, 2011); NY on 4 filings (Aug 10, 2011 to Jan 7, 2014).

What this means The address on a Form D is usually the company's, not the person's home, so this often just reflects different companies. It can also mean a move. Nothing wrong by itself.

Form D · May 12, 2010 ↗Form D · Apr 12, 2011 ↗Form D · Aug 10, 2011 ↗
Sources
What is compared

What is compared: every Form D and D/A we hold for this subject, side by side — filing dates vs. first-sale dates (the 15-day rule), amendment timing on open offerings (the yearly-amendment expectation), amounts sold, investor counts, offering amounts and minimums across amendments, industry and size bands, addresses, how each person's name and role is written, paid sellers' CRD numbers, and (for groups) where the member companies were formed and sit. Everything is as filed by the issuer; the SEC does not check it. Differences are common and usually have ordinary explanations — we show both values, the dates, and the source so you can ask. We compared the newest 50 of 52 filings (work cap); older filings are not covered here. As of Oct 24, 2026.

5. Money to insiders

3 of 47 offerings report sales commissions totalling $5,430,000; 0 report finder's fees; 1 reports proceeds to related persons totalling $691,307. (includes amounts the issuer reported as estimates)

Offering (latest filing)Sales commissionsFinder's feesTo insidersPaid to sell itSource
Oct 6, 2026 D
Rakuten Medical, Inc.
File 021-599980
$0$0$0None listed on this filingEDGAR ↗
Apr 13, 2026 D
Rakuten Medical, Inc.
File 021-580140
$0$0$0None listed on this filingEDGAR ↗
May 7, 2025 D/A
Rakuten Medical, Inc.
File 021-537424
$0$0$0None listed on this filingEDGAR ↗
Aug 16, 2024 D/A
Figure Markets Holdings, Inc.
File 021-512942
$0$0$0None listed on this filingEDGAR ↗
Mar 28, 2024 D
Rakuten Medical, Inc.
File 021-508978
$0$0$0None listed on this filingEDGAR ↗
Oct 4, 2023 D/A
Rakuten Medical, Inc.
File 021-451442
$0$0$0None listed on this filingEDGAR ↗
Sep 1, 2023 D
Rakuten Medical, Inc.
File 021-491218
$0$0$0None listed on this filingEDGAR ↗
Dec 28, 2022 D
Rakuten Medical, Inc.
File 021-468953
$0$0$0None listed on this filingEDGAR ↗
Jul 29, 2021 D
Rakuten Medical, Inc.
File 021-408174
$3,000,000$0$0Momentum Capital Markets, LLC BrokerCheck CRD 300288 ↗
TAP Securities LLC BrokerCheck CRD 151593 ↗		EDGAR ↗
Jun 11, 2021 D
Figure Technologies, Inc.
File 021-402698
$0$0$0None listed on this filingEDGAR ↗
Jan 14, 2021 D
Rakuten Medical, Inc.
File 021-386374
$0$0$0None listed on this filingEDGAR ↗
Jan 5, 2021 D
Rakuten Medical, Inc.
File 021-385234
$0$0$0None listed on this filingEDGAR ↗
Jul 15, 2020 D
Rakuten Medical, Inc.
File 021-371076
$0$0$0None listed on this filingEDGAR ↗
Nov 5, 2019 D
Figure Technologies, Inc.
File 021-352643
$0$0$0None listed on this filingEDGAR ↗
Aug 7, 2019 D
Rakuten Medical, Inc.
File 021-345958
$0$0$0None listed on this filingEDGAR ↗
Apr 29, 2019 D
Figure Technologies, Inc.
File 021-338341
$0$0$0None listed on this filingEDGAR ↗
Mar 23, 2018 D
STS Media Inc dba FreedomPop
File 021-308424
$0$0$0None listed on this filingEDGAR ↗
Mar 14, 2018 D
BILL.COM, INC.
File 021-307696
$0$0$0None listed on this filingEDGAR ↗
Jan 4, 2018 D/A
BILL.COM, INC.
File 021-296293
$0$0$0None listed on this filingEDGAR ↗
Mar 21, 2017 D
Social Finance, Inc.
File 021-283013
$0$0$0None listed on this filingEDGAR ↗
Mar 21, 2017 D
Social Finance, Inc.
File 021-283021
$2,180,000 (est.)$0$0Morgan Stanley & Co. LLC BrokerCheck CRD 8209 ↗
Armory Securities, LLC BrokerCheck CRD 147796 ↗		EDGAR ↗
Sep 8, 2016 D
Social Finance, Inc.
File 021-270310
$0$0$691,307None listed on this filingEDGAR ↗
Jun 13, 2016 D
Eaze Solutions, Inc.
File 021-264843
$0$0$0None listed on this filingEDGAR ↗
Oct 13, 2015 D
Social Finance, Inc.
File 021-249266
$0$0$0None listed on this filingEDGAR ↗
Apr 8, 2015 D
Asset Avenue, Inc.
File 021-237491
$0$0$0None listed on this filingEDGAR ↗
Mar 9, 2015 D
ROCKYOU INC
File 021-235456
$0$0$0None listed on this filingEDGAR ↗
Feb 13, 2015 D
Social Finance, Inc.
File 021-234078
$0$0$0None listed on this filingEDGAR ↗
Sep 16, 2014 D
TRUSPER INC.
File 021-224823
$0$0$0None listed on this filingEDGAR ↗
Apr 8, 2014 D
Social Finance, Inc.
File 021-215161
$250,000$0$0Victory Park Securities BrokerCheck CRD 147796 ↗
Papamarkou Wellner & Company, Inc. BrokerCheck CRD 10963 ↗		EDGAR ↗
Mar 6, 2014 D
TRUSPER INC.
File 021-213045
$0$0$0None listed on this filingEDGAR ↗
Jan 7, 2014 D
Ahalife Holdings Inc.
File 021-209434
$0$0$0None listed on this filingEDGAR ↗
Oct 16, 2013 D
TransLattice Inc
File 021-204704
$0$0$0None listed on this filingEDGAR ↗
Jun 7, 2013 D
TransLattice Inc
File 021-197618
$0$0$0None listed on this filingEDGAR ↗
Jan 30, 2013 D
Ahalife Holdings Inc.
File 021-191037
$0$0$0None listed on this filingEDGAR ↗
Dec 19, 2012 D/A
99BILL CORP
File 021-188621
$0$0$0N/A no CRD number reportedEDGAR ↗
Dec 6, 2012 D/A
ROCKYOU INC
File 021-180133
$0$0$0None listed on this filingEDGAR ↗
May 3, 2012 D
SLICE TECHNOLOGIES, INC.
File 021-177668
$0$0$0None listed on this filingEDGAR ↗
Apr 25, 2012 D
Ahalife Holdings Inc.
File 021-177225
$0$0$0None listed on this filingEDGAR ↗
Oct 26, 2011 D
Ovia, Inc.
File 021-167852
$0$0$0None listed on this filingEDGAR ↗
Aug 10, 2011 D
Ahalife Holdings Inc.
File 021-164234
$0$0$0None listed on this filingEDGAR ↗
May 16, 2011 D
BILLING REVOLUTION INC
File 021-159875
$0$0$0None listed on this filingEDGAR ↗
Apr 12, 2011 D
SLICE TECHNOLOGIES, INC.
File 021-158197
$0$0$0None listed on this filingEDGAR ↗
Nov 4, 2010 D
99BILL CORP
File 021-149997
$0$0$0None listed on this filingEDGAR ↗
Aug 2, 2010 D
SLICE TECHNOLOGIES, INC.
File 021-145810
$0$0$0None listed on this filingEDGAR ↗
May 12, 2010 D
SLICE TECHNOLOGIES, INC.
File 021-141951
$0$0$0None listed on this filingEDGAR ↗
Jul 16, 2009 D
99BILL CORP
File 021-75378
$0$0$0None listed on this filingEDGAR ↗
Apr 20, 2009 D
TransLattice Inc
File 021-111283
$0$0$0None listed on this filingEDGAR ↗
How this is counted

Counts come from Form D Items 12–15 on the filings in our index (latest filing per offering; one offering = one SEC file number; an amendment updates its offering rather than adding one). "To insiders" = gross proceeds used for payments to executive officers, directors or promoters. "—" = not reported on that filing. Amounts marked (est.) were reported as estimates. "Paid to sell it" = sales compensation recipients named on that filing (Item 12), each linked to FINRA BrokerCheck when a CRD number is reported.

Counted across every filing this person is listed on (latest filing per offering, per issuer).

Deals 16

Every issuer that named David Chao on a Form D, newest first. A Form D is the notice a company files after it starts selling a private investment.

RM
Biotechnology

Rakuten Medical, Inc.

San Diego, CA · Aug 7, 2019 → Oct 6, 2026 · 14 filings
  • Oct 6, 2026 · D · $8,974,943 sold of $8,974,943 · 14 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 13, 2026 · D · $111,522,289 sold of $116,672,752 · 26 investors · min. No minimum reported · role: Director EDGAR ↗
  • May 7, 2025 · D/A · $1,865,406 sold of $1,865,406 · 14 investors · min. No minimum reported · role: Director EDGAR ↗
  • Feb 5, 2025 · D · $1,368,550 sold of $1,368,550 · 15 investors · min. No minimum reported · role: Director EDGAR ↗
  • Mar 28, 2024 · D · $4,161,200 sold of $4,161,200 · 15 investors · min. No minimum reported · role: Director EDGAR ↗
  • Oct 4, 2023 · D/A · $2,189,000 sold of $2,189,000 · 20 investors · min. No minimum reported · role: Director EDGAR ↗
  • Sep 1, 2023 · D · $104,816,348 sold of $123,689,146 · 15 investors · min. No minimum reported · role: Director EDGAR ↗
  • Dec 28, 2022 · D · $70,000,000 sold of $90,000,000 · 4 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jul 7, 2022 · D · $5,194,350 sold of $5,194,350 · 31 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jul 29, 2021 · D · $166,010,712 sold of $291,010,708 · 10 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jan 14, 2021 · D · $15,000,000 sold of $15,000,000 · 1 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jan 5, 2021 · D · $90,000,000 sold of $90,000,000 · 6 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jul 15, 2020 · D · $791,700 sold of $791,700 · 1 investors · min. No minimum reported · role: Director EDGAR ↗
  • Aug 7, 2019 · D · $99,999,997 sold of $99,999,997 · 1 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $166M from 45 investors (100% of the $8.97M target) as of the latest filing. David is listed as director on 14 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Biotechnology / 506(b) (3,253 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

FM
Other · group: Sofi

Figure Markets Holdings, Inc.

San Francisco, CA · May 10, 2024 → Aug 16, 2024 · 2 filings
  • Aug 16, 2024 · D/A · $73,291,612 sold of $73,291,612 · 22 investors · min. $1 · role: Director EDGAR ↗
  • May 10, 2024 · D · $59,056,419 sold of $61,041,519 · 12 investors · min. $1 · role: Director EDGAR ↗

Raised $73.3M from 22 investors (100% of the $73.3M target) as of the latest filing. David is listed as director on 2 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

FT
Other · group: Sofi

Figure Technologies, Inc.

San Francisco, CA · Apr 29, 2019 → Jun 11, 2021 · 3 filings
  • Jun 11, 2021 · D · $116,311,301 sold of $199,999,516 · 60 investors · min. No minimum reported · role: Director EDGAR ↗
  • Nov 5, 2019 · D · $58,835,846 sold of $103,049,996 · 36 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 29, 2019 · D · $73,588,888 sold of $73,588,896 · 61 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $116.3M from 61 investors (58% of the $200M target) as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

SM
Other Technology

STS Media Inc dba FreedomPop

Los Angeles, CA · Mar 23, 2018
  • Mar 23, 2018 · D · $0 sold of Indefinite · 1 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $36M from 5 investors as of the latest filing. David is listed as director.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Technology / 506(b) (17,390 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

BC
Other · group: Bill Com

BILL.COM, INC.

Palo Alto, CA · Oct 10, 2017 → Mar 14, 2018 · 3 filings
  • Mar 14, 2018 · D · $2,605,000 sold of $2,605,000 · 5 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jan 4, 2018 · D/A · $82,500,010 sold of $82,500,010 · 20 investors · min. No minimum reported · role: Director EDGAR ↗
  • Oct 10, 2017 · D · $80,000,013 sold of $80,000,013 · 19 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $82.5M from 25 investors (100% of the $2.6M target) as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

SF
Other Banking and Financial Services · group: Sofi

Social Finance, Inc.

San Francisco, CA · Apr 8, 2014 → Mar 21, 2017 · 6 filings
  • Mar 21, 2017 · D · $403,000,000 sold of $500,000,000 · 10 investors · min. No minimum reported · role: Director EDGAR ↗
  • Mar 21, 2017 · D · $49,900,000 sold of $49,900,000 · 48 investors · min. No minimum reported · role: Director EDGAR ↗
  • Sep 8, 2016 · D · $766,970 sold of $766,970 · 3 investors · min. No minimum reported · role: Director EDGAR ↗
  • Oct 13, 2015 · D · $1,000,000,000 sold of $1,000,000,000 · 13 investors · min. No minimum reported · role: Director EDGAR ↗
  • Feb 13, 2015 · D · $213,027,091 sold of $231,558,061 · 19 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 8, 2014 · D · $79,994,920 sold of $79,994,920 · 24 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $1B from 58 investors (100% of the $500M target) as of the latest filing. David is listed as director on 6 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Banking and Financial Services / 506(b) (1,630 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

ES
Other Technology

Eaze Solutions, Inc.

San Francisco, CA · Jun 13, 2016
  • Jun 13, 2016 · D · $8,315,293 sold of $30,336,428 · 6 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $9.53M from 18 investors (31% of the $30.3M target) as of the latest filing. David is listed as director.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Technology / 506(b) (17,390 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

AA
Other

Asset Avenue, Inc.

Los Angeles, CA · Apr 8, 2015
  • Apr 8, 2015 · D · $15,141,720 sold of $15,141,720 · 55 investors · min. $5,000 · role: Director EDGAR ↗

Raised $15.1M from 55 investors (100% of the $15.1M target) as of the latest filing. David is listed as director.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other / 506(b) (18,678 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

R
Other Technology

ROCKYOU INC

San Francisco, CA · Jun 21, 2012 → Mar 9, 2015 · 3 filings
  • Mar 9, 2015 · D · $11,774,999 sold of $48,550,002 · 7 investors · min. No minimum reported · role: Director EDGAR ↗
  • Dec 6, 2012 · D/A · $7,965,337 sold of $7,965,337 · 9 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jun 21, 2012 · D · $6,755,336 sold of $7,754,336 · 7 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $11.8M from 10 investors (24% of the $48.6M target) as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Technology / 506(b) (17,390 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

T
Other Technology

TRUSPER INC.

San Jose, CA · Mar 6, 2014 → Sep 16, 2014 · 2 filings
  • Sep 16, 2014 · D · $16,020,107 sold of $20,000,000 · 11 investors · min. No minimum reported · role: Director EDGAR ↗
  • Mar 6, 2014 · D · $8,072,441 sold of $8,072,441 · 27 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $16M from 27 investors (80% of the $20M target) as of the latest filing. David is listed as director on 2 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Technology / 506(b) (17,390 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

AH
Retailing

Ahalife Holdings Inc.

New York, NY · Aug 10, 2011 → Jan 7, 2014 · 4 filings
  • Jan 7, 2014 · D · $1,000,000 sold of $20,000,000 · 2 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jan 30, 2013 · D · $3,649,079 sold of $3,649,079 · 21 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 25, 2012 · D · $10,104,000 sold of $15,000,000 · 3 investors · min. No minimum reported · role: Director EDGAR ↗
  • Aug 10, 2011 · D · $6,000,000 sold of $6,000,000 · 2 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $10.1M from 21 investors (51% of the $20M target) as of the latest filing. David is listed as director on 4 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Retailing / 506(b) (959 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

T
Other Technology

TransLattice Inc

Santa Clara, CA · Apr 20, 2009 → Oct 16, 2013 · 3 filings
  • Oct 16, 2013 · D · $350,000 sold of $350,000 · 4 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jun 7, 2013 · D · $10,282,555 sold of $11,982,928 · 10 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 20, 2009 · D · $9,526,410 sold of $9,526,412 · 4 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $10.3M from 10 investors (100% of the $350K target) as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer. "Similar" = offerings in the same industry claiming the same exemption, filed in the last 5 years: Other Technology / 506(b) (17,390 filings); ranges are the middle half (25th–75th percentile). Computed by PartnerFacts from SEC EDGAR Form D data as of Oct 23, 2026, 5:45 PM ET. Rows without a range: fewer than 30 comparable filings, or not a Rule 506 offering. No ranking or score.

9C
Other Technology

99BILL CORP

Shanghai, China (as filed: F4) · Jul 16, 2009 → Dec 19, 2012 · 3 filings
  • Dec 19, 2012 · D/A · $27,000,013 sold of $27,000,013 · 16 investors · min. No minimum reported · role: Director EDGAR ↗
  • Nov 4, 2010 · D · $37,524,258 sold of $51,000,000 · 15 investors · min. No minimum reported · role: Director EDGAR ↗
  • Jul 16, 2009 · D · $2,000,000 sold of $2,000,000 · 15 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $37.5M from 16 investors (100% of the $27M target) as of the latest filing. David is listed as director on 3 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

ST
Other Technology

SLICE TECHNOLOGIES, INC.

Palo Alto, CA · May 12, 2010 → May 3, 2012 · 4 filings
  • May 3, 2012 · D · $0 sold of $45,000 · 1 investors · min. No minimum reported · role: Director EDGAR ↗
  • Apr 12, 2011 · D · $3,817,998 sold of $3,817,998 · 4 investors · min. No minimum reported · role: Director EDGAR ↗
  • Aug 2, 2010 · D · $600,000 sold of $600,000 · 5 investors · min. No minimum reported · role: Director EDGAR ↗
  • May 12, 2010 · D · $5,025,999 sold of $5,025,999 · 5 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $5.03M from 5 investors (100% of the $45K target) as of the latest filing. David is listed as director on 4 filings for this deal.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

O
Other

Ovia, Inc.

Mountain View, CA · Oct 26, 2011
  • Oct 26, 2011 · D · $2,176,554 sold of $2,376,498 · 3 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $2.18M from 3 investors (92% of the $2.38M target) as of the latest filing. David is listed as director.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

BR
Other Technology

BILLING REVOLUTION INC

Seattle, WA · May 16, 2011
  • May 16, 2011 · D · $7,379,173 sold of $7,651,764 · 13 investors · min. No minimum reported · role: Director EDGAR ↗

Raised $7.38M from 13 investors (96% of the $7.65M target) as of the latest filing. David is listed as director.

Latest filing on EDGAR ↗
Sources

Every row is a Form D or D/A on which the issuer listed this name as a related person. Amount sold and investors are the maximum reported on any filing for this issuer.

Other pages with the same name (2)

Separate person records under the same name, not combined with this page. Each line says whether it shares an issuer with this record.

  • David Chao — TX, 2 issuers, Oct 5, 2022 → Oct 5, 2022 · no shared issuer
  • David Chao — GA, 1 issuer, Dec 2, 2014 → Dec 2, 2014 · no shared issuer

People around David 40

Officers, directors, promoters and management entities named on the same filings, as of Oct 23, 2026, 5:45 PM ET. Showing the 40 with the most shared filings.

HM
No photo found yet (own website and image search run after this page is viewed)
Person

Hiroshi Mikitani

Director, Executive Officer · 17 shared filings (2 issuers)

Listed on the same filings as David Chao. Their page shows their other deals.

MG
No photo found yet (own website and image search run after this page is viewed)
Person

Miguel Garcia-Guzman

Executive Officer, Director · 14 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

HM
No photo found yet (own website and image search run after this page is viewed)
Person

Hiroshi Mori

Director · 14 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

CG
No photo found yet (own website and image search run after this page is viewed)
Person

Carlos Garcia

Executive Officer · 13 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

KH
No photo found yet (own website and image search run after this page is viewed)
Person

Kentaro Hyakuno

Director · 12 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

MC
No photo found yet (own website and image search run after this page is viewed)
Person

Michael Cagney

Executive Officer, Director · 11 shared filings (3 issuers) · also on 31 other issuers

Michael Cagney is on 34 issuers in total — a repeat sponsor. Their page lists every one.

TT
No photo found yet (own website and image search run after this page is viewed)
Person

Takashi Toraishi

Executive Officer, Director · 10 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

NN
No photo found yet (own website and image search run after this page is viewed)
Person

Nitin Nohria

Director · 10 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

TP
No photo found yet (own website and image search run after this page is viewed)
Person

Tiffany Piecewicz

Executive Officer · 9 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

AB
No photo found yet (own website and image search run after this page is viewed)
Person

Abhijit Bhatia

Executive Officer · 9 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

SF
No photo found yet (own website and image search run after this page is viewed)
Person

Saturnino Fanlo

Executive Officer, Director · 6 shared filings (1 issuer) · also on 27 other issuers

Saturnino Fanlo is on 28 issuers in total — a repeat sponsor. Their page lists every one.

RL
No photo found yet (own website and image search run after this page is viewed)
Person

Robert Lavet

Executive Officer · 6 shared filings (1 issuer) · also on 23 other issuers

Robert Lavet is on 24 issuers in total — a repeat sponsor. Their page lists every one.

TH
No photo found yet (own website and image search run after this page is viewed)
Person

Tom Hutton

Director · 6 shared filings (1 issuer) · also on 2 other issuers

Listed on the same filings as David Chao. Their page shows their other deals.

JC
No photo found yet (own website and image search run after this page is viewed)
Person

Joe Chen

Director · 6 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

HT
No photo found yet (own website and image search run after this page is viewed)
Person

Hiroshi Takasawa

Director · 6 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

TS
No photo found yet (own website and image search run after this page is viewed)
Person

Toshiaki Suzuki

Executive Officer · 6 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

DB
No photo found yet (own website and image search run after this page is viewed)
Person

David Bonanno

Director · 5 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

AB
No photo found yet (own website and image search run after this page is viewed)
Person

Adam Boyden

Director · 5 shared filings (2 issuers) · also on 3 other issuers

Adam Boyden is on 5 issuers in total — a repeat sponsor. Their page lists every one.

JO
No photo found yet (own website and image search run after this page is viewed)
Person

June Ou

Executive Officer · 5 shared filings (2 issuers) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

SS
No photo found yet (own website and image search run after this page is viewed)
Person

Suzane San

Executive Officer · 5 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

PM
No photo found yet (own website and image search run after this page is viewed)
Person

Peter Moran

Director · 4 shared filings (1 issuer) · also on 5 other issuers

Peter Moran is on 6 issuers in total — a repeat sponsor. Their page lists every one.

JL
No photo found yet (own website and image search run after this page is viewed)
Person

Jeremy Liew

Director · 4 shared filings (1 issuer) · also on 33 other issuers

Jeremy Liew is on 34 issuers in total — a repeat sponsor. Their page lists every one.

SM
No photo found yet (own website and image search run after this page is viewed)
Person

Shauna Mei

Executive Officer, Director · 4 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

LL
No photo found yet (own website and image search run after this page is viewed)
Person

Lawrence Lenihan

Director · 4 shared filings (1 issuer) · also on 11 other issuers

Lawrence Lenihan is on 12 issuers in total — a repeat sponsor. Their page lists every one.

EB
No photo found yet (own website and image search run after this page is viewed)
Person

Eric Botto

Promoter, Executive Officer · 4 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

SB
No photo found yet (own website and image search run after this page is viewed)
Person

Scott Brady

Executive Officer, Director, Promoter · 4 shared filings (1 issuer) · also on 10 other issuers

Scott Brady is on 11 issuers in total — a repeat sponsor. Their page lists every one.

HM
No photo found yet (own website and image search run after this page is viewed)
Person

Harpinder Singh Madan

Executive Officer, Director, Promoter · 4 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

MM
No photo found yet (own website and image search run after this page is viewed)
Person

Mark Menell

Director · 4 shared filings (2 issuers) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

MD
No photo found yet (own website and image search run after this page is viewed)
Person

Mazen Darwazah

Director · 4 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

EK
No photo found yet (own website and image search run after this page is viewed)
Person

Eiichi Kaga

Director · 4 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

RD
No photo found yet (own website and image search run after this page is viewed)
Person

Rory O'Driscoll

Director · 3 shared filings (1 issuer) · also on 13 other issuers

Rory O'Driscoll is on 14 issuers in total — a repeat sponsor. Their page lists every one.

PN
No photo found yet (own website and image search run after this page is viewed)
Person

Peter Nieh

Director · 3 shared filings (1 issuer) · also on 46 other issuers

Peter Nieh is on 47 issuers in total — a repeat sponsor. Their page lists every one.

DH
No photo found yet (own website and image search run after this page is viewed)
Person

David Hornik

Director · 3 shared filings (1 issuer) · also on 21 other issuers

David Hornik is on 22 issuers in total — a repeat sponsor. Their page lists every one.

EB
No photo found yet (own website and image search run after this page is viewed)
Person

Eric O'Brien

Director · 3 shared filings (1 issuer) · also on 15 other issuers

Eric O'Brien is on 16 issuers in total — a repeat sponsor. Their page lists every one.

SA
No photo found yet (own website and image search run after this page is viewed)
Person

Steve Anderson

Director · 3 shared filings (1 issuer) · also on 8 other issuers

Steve Anderson is on 9 issuers in total — a repeat sponsor. Their page lists every one.

ML
No photo found yet (own website and image search run after this page is viewed)
Person

Michael Lyle

Executive Officer, Director · 3 shared filings (1 issuer)

Listed on the same filings as David Chao. Their page shows their other deals.

FH
No photo found yet (own website and image search run after this page is viewed)
Person

Frank Huerta

Director, Executive Officer · 3 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

TM
No photo found yet (own website and image search run after this page is viewed)
Person

Tom Mawhinney

Director · 3 shared filings (1 issuer) · also on 5 other issuers

Tom Mawhinney is on 6 issuers in total — a repeat sponsor. Their page lists every one.

RL
No photo found yet (own website and image search run after this page is viewed)
Person

Rene Lacerte

Executive Officer, Director · 3 shared filings (1 issuer) · also on 1 other issuer

Listed on the same filings as David Chao. Their page shows their other deals.

BJ
No photo found yet (own website and image search run after this page is viewed)
Person

Brian Jacobs

Director · 3 shared filings (1 issuer) · also on 7 other issuers

Brian Jacobs is on 8 issuers in total — a repeat sponsor. Their page lists every one.

The team behind the deals

S
Sponsor group

Sofi

47 issuers · 84 filings · $3.35B reported sold · 2008–2025

One team, 47 deal companies. David Chao is listed on 3 of them.

Sources

Issuers are grouped when their Form D filings share related persons, a management entity or a business address (automatic match from the filings). "Listed" marks the issuers that name David Chao.

BC
Sponsor group

Bill Com

2 issuers · 9 filings · $1.7B reported sold · 2009–2021

One team, 2 deal companies. David Chao is listed on 1 of them.

Sources

Issuers are grouped when their Form D filings share related persons, a management entity or a business address (automatic match from the filings). "Listed" marks the issuers that name David Chao.

Same business address

51 other issuers file from the same address (first 50 shown)

A shared address can mean the same team, a shared office building or a registered agent. It is a lead, not a conclusion.

Registrations and other filings

Business registration (state registry / Secretary of State)

Individuals are not matched to business registrations — registries list companies, and a name alone is not enough to tie a person to one. Officers and managers appear by name inside each matched company's record on the issuer pages. Registries searched: AL (Alabama Secretary of State — Business Entity Records (arc-sos.state.al.us), searched by issuer name, data as of Oct 24, 2026); CO (Colorado Secretary of State — Business Entities in Colorado (data.colorado.gov), data as of Oct 23, 2026); CT (Connecticut Secretary of the State — Business Registry (data.ct.gov), data as of Oct 24, 2026); FL (Florida Department of State, Division of Corporations — quarterly corporate data file (Sunbiz), data as of Oct 7, 2026); NY (New York Department of State — Corporations and Other Entities (data.ny.gov: All Filings + Active Corporations), data as of Oct 20, 2026); OR (Oregon Secretary of State — Active Businesses, All (data.oregon.gov), data as of Oct 20, 2026); PA (Pennsylvania Department of State — Registered Businesses, Current (data.pa.gov), data as of Oct 6, 2026); TX (Texas Comptroller — Active Franchise Taxpayers incl. Secretary of State file data (data.texas.gov), data as of Oct 24, 2026). Registries of other states have not been searched: many publish no bulk file and require a CAPTCHA or bot challenge on their search page, which we do not bypass (Delaware, for example, offers no public bulk file).

Adviser registration (Form ADV)

None of the 16 issuers this person is listed on appears in Form ADV (searched 24,962 advisers as of Oct 2, 2026). A person is never an adviser firm; Form ADV is checked for the issuers and the management companies they are listed with.

Other offering types (Regulation A and Regulation Crowdfunding)

Searched SEC Regulation A Data Sets (Forms 1-A, 1-K, 1-Z; 2015 Q2 → 2026 Q3); SEC Crowdfunding Offerings Data Sets (Form C family; 2016 Q2 → 2026 Q3); EDGAR form index for 2026 Q3 → 2026 Q4 (51,358 records as of Oct 23, 2026, 8:41 PM ET) — nothing matched this name.

Property records none — individuals are not matched

Property records are matched to companies only, never to individuals, so none are matched to David Chao by design. Searched property records in Hillsborough County FL (Clerk recorded-document index Oct 14, 2026 to Oct 15, 2026 + FL DOR 2026 ownership roll), Miami-Dade County FL (FL DOR 2026 ownership roll), Harris County TX (HCAD 2026 ownership roll), Dallas County TX (DCAD 2026 ownership roll), New York City ACRIS documents and PLUTO ownership rows already retrieved for other issuers, Cook County IL sale and ownership rows already retrieved for other issuers (814,874 records as of Oct 23, 2026, 8:59 PM ET) for the 16 issuers this person is listed on — nothing matched.

Public profiles and social

Websites and social links of the issuers David Chao is listed on: none on file. No website or social profile named in Rakuten Medical, Inc.'s SEC filings (Form C, Reg A, Form ADV; checked Oct 24, 2026). Web search for this name: #4,236 of 374,652 in line (1,386 issuers searched so far). One-tap searches: Look further ↓

Look further

One-tap searches on sites we do not index ourselves, with the name pre-filled (San Diego, CA). Each opens in a new tab; what you find there is not verified by PartnerFacts.

Social and web

LinkedIn people search ↗Instagram ↗X (Twitter) ↗Facebook ↗YouTube ↗Google ↗Google Images ↗Google News ↗Meta Ad Library ↗

Courts

CourtListener / RECAP (federal) ↗PACER case locator (federal, login) ↗California — find the county court ↗Los Angeles Superior Court case search ↗Washington Courts case search (dw.courts.wa.gov) ↗New York WebCivil Supreme ↗

Securities regulators

SEC EDGAR full-text search ↗SEC action look-up ↗FINRA BrokerCheck ↗SEC IAPD adviser search ↗

Business registries

California Secretary of State business search ↗Washington Secretary of State business search ↗New York Secretary of State business search ↗OpenCorporates ↗

Change history

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